§18509. Statement of compensation
1.
Requirement.
The chief executive officer shall require each beneficiary of a disability retirement benefit to submit, each calendar year, a statement of the beneficiary's compensation received from engaging in any gainful occupation during that year.
[RR 2023, c. 2, Pt. B, §153 (COR).]
2.
Failure to submit statement.
Failure to submit the statement under subsection 1, shall result in the following.
A.
If the beneficiary fails to submit the statement required under subsection 1 within 30 days of receipt of the chief executive officer's request for the statement, the beneficiary's disability retirement benefit shall be discontinued until the statement is submitted.
[PL 1985, c. 801, §§5, 7 (NEW); PL 2021, c. 548, §45 (REV).]
B.
If the beneficiary fails to submit the statement required under subsection 1 within one year of receipt of the chief executive officer's request for the statement, all the beneficiary's rights to any further benefits shall cease.
[PL 1985, c. 801, §§5, 7 (NEW); PL 2021, c. 548, §45 (REV).]
[PL 1985, c. 801, §§5, 7 (NEW); PL 2021, c. 548, §45 (REV).]
SECTION HISTORY
PL 1985, c. 801, §§5,7 (NEW). PL 2021, c. 548, §45 (REV). RR 2023, c. 2, Pt. B, §153 (COR).